The accelerated provision is for assets which the company feels might turn bad in the coming quarter and is a prudent practice adopted by it, he said, adding this shall get utilised in the next two quarters.

The company's total capital adequacy ratio stood at 18 per cent while it may be going in for a round of capital raising in early next fiscal, Jain said.

However, he did not elaborate, saying it is very early to comment.

On the regular funding for onlending activities front, he said there was some benefit as the rates eased by up to 0.25 per cent during the quarter, but was quick to add that the margins did not benefit much through this as the benefit was felt in short-term funds, which account only for 10-12 per cent of its funding.

The company's scrip gained 0.09 per cent to close at Rs 2,186.70 apiece on the BSE, whose 30-share benchmark Sensex ended the session with gains of 1.27 per cent.